apax authority brands

Apax's listed trust goes long on debt as. Authority Brands acquires DoodyCalls. Ms. McLeod became the Chief Marketing Officer of our affiliate, Authority Brands, in December 2018. Nedu Ottih - Principal - Apax Partners LLP | LinkedIn Since Authority Brands was purchased by venture group, APAX, pay, job and benefits stink. Based on STOP's impressive track record, we're confident that this partnership will further strengthen Authority Brands' network," said Ashish Karandikar, Partner at Apax Partners. Authority Brands is the parent company of two home service franchise concepts, the Cleaning Authority, a provider of residential cleaning services to 100,000+ customers, and Homewatch CareGivers, which delivers in-home care services to the elderly, disabled, . To learn about more ways you can grow your business faster, read the following articles: How Your Business Can Use Scarcity Marketing To Increase Sales Apax Partners wins Private Equity International. Authority Brands | Apax Partners Authority Brands, LLC announced today the purchase of DoodyCalls. Equity Partner at Apax Partners New York, New York . The turnover in corporate and in field positions is blatantly high. NEW YORK and COLUMBIA, Md., Sept. 24, 2018 /PRNewswire/ -- Funds advised by Apax Partners (the "Apax Funds") today announced the acquisition of Authority Brands, a leading North American franchisor. Addition doubles Authority Brands' overall system revenue to over $1 billion. Providing real value through content is an . Apax Partners has bought home services franchisor Authority Brands from fellow PE house PNC Riverarch Capital. Partner at Apax Partners. 22nd October 2018. "The addition of a restoration brand is key to enhance Authority Brands' offering to existing franchisees and their customers. At the end of September 2018, funds advised by Apax Partners (the "Apax Funds") announced the acquisition of Authority Brands, a leading North American franchisor of home services, from PNC Riverarch Capital. The Cleaning Authority COO Leanne Stapf is a powerhouse, and we're so . October 8, 2018 Ambrogio Visconti. Terms of the transaction were not disclosed. Private Equity Associate at Apax Partners LLP Authority Brands, LLC announced today the purchase of America's Swimming Pool Company ("ASP"). Insights about top trending companies, startups, investments and M&A activities, notable The acquisition marks the sixth brand addition for Authority Brands since October 2018, with Monster Tree Service representing the company's eighth brand in its home service portfolio. Apax did not sell any shares at the time of the IPO. About Apax Partners Apax Partners is a leading global private equity advisory firm. About Apax Partners. The acquisition is the third home services add-on for Authority Brands since the company . Operations (Current Employee) - Columbia, MD - February 24, 2020. Founded in 2008, Monster Tree Service is the leading tree care company in the U.S., and the only franchise offering local certified arborist teams in multiple . Authority Brands is the parent company to leading home services brands The Cleaning Authority, Homewatch CareGivers, America's Swimming Pool Company and Mosquito Squad which operate across the. Amanda Milligan. Its brands include America's Swimming Pool Company, Benjamin Franklin Plumbing, The Cleaning Authority, Homewatch CareGivers, Mister Sparky, Monster Tree Service, Mosquito Squad, and One Hour Heating and Air Conditioning. 3 strategies for elevating brand authority in 2021. Authority Brands, LLC announced today the purchase of DoodyCalls. NEW YORK and COLUMBIA, Maryland — Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates ("Clockwork") from Direct Energy Group, a subsidiary of Centrica plc. New York and Columbia, Maryland, 24 September 2018: Funds advised by Apax Partners (the "Apax Funds") today announced the acquisition of Authority Brands, a leading North American franchisor of home services, from PNC Riverarch Capital. September 5, 2021 Funds advised by Apax (the "Apax Funds") have agreed to acquire SavATree, a leading, professional tree, shrub and lawn care provider, from CI Capital Partners. Apax Partners is an independent global partnership focused solely on long-term investment in growth companies. Authority Brands | 5,850 followers on LinkedIn. HOUSTON, Feb. 21, 2019 — Direct Energy, one of North America's largest energy and services companies and a subsidiary of Centrica plc, is selling Clockwork, Inc., and certain of its affiliates ("Clockwork") to Authority Brands, a home services franchise platform backed by funds advised by Apax Partners for $300 million.. Clockwork consists of over 725 franchise territories, and 10 company . Co-Founder, Advisor Carry1st Jan 2018 - Present 3 years 11 . Authority Brands is dedicated to supporting individual franchisee growth through providing strong marketing, technology and operational support. In September of 2018, The Cleaning Authority was purchased from PNC Riverarch by Apax Partners. About Apax Partners. BofA Securities and Guggenheim are joint structuring agents and bookrunners on the deal. With this change in private equity ownership, the leadership team and ownership team of The Cleaning Authority saw opportunity to bring its platform to more home service franchise brands. Authority Brands, which is backed by Apax Partners, has acquired America's Swimming Pool Company, a swimming pool service franchise. Funds Advised By Apax Partners Acquire Authority Brands. The strong share price performance may reflect the results that Global-e is achieving. COLUMBIA, Md. Authority Brands, a portfolio company of Apax Partners, has acquired America's Swimming Pool Company.This is the first add-on acquisition completed by Authority Brands since Apax acquired the business in September 2018 from PNC Riverarch Capital.. America's Swimming Pool Company (ASP) is the nation's largest swimming pool service franchise with over 100 franchise owners operating in more . New York and Columbia, Maryland, February 21, 2019: Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates ("Clockwork") from Direct Energy Group, a subsidiary of Centrica plc. Authority Brands, which is owned by private-equity firm Apax Partners, generated $1.3 billion of system-wide sales in 2020, according to KBRA. New York and Columbia, Maryland, February 21, 2019 - Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of. Founded in 2008, Monster Tree Service is the leading tree care company in the U.S., and the only franchise offering local certified arborist teams in multiple . They have completely removed all benefits, health insurance tripled, deductibles went up, fewer holidays, etc. Authority Brands (theauthoritybrands.com) was an investment that Apax made in 2018. TechCrunch. Authority Brands is a leading franchisor of 10 home-service franchise brands. 10 years in corporate franchising. Authority Brands is the parent company of two leading home services franchisors: The Cleaning Authority and Homewatch CareGivers. Apax is authorized and regulated by the Financial Conduct Authority in the UK. The acquisition by the Apax Funds gave Authority Brands the opportunity to enhance software, digital marketing and systems that it uses to support its franchise partners. The financial terms of the transaction were not disclosed. We provide our network of more than 1,000 franchise owners across the US and Canada with elite marketing, advanced technology, and strong operational support. The acquisition marks the sixth brand addition for Authority Brands since October 2018, with Monster Tree Service representing the company's eighth brand in its home service portfolio. The acquisition marks the eighth brand addition for Authority Brands since October 2018, with DoodyCalls representing the company's tenth brand in its home service portfolio. "Together, we have identified ASP . Authority Brands is the parent company of two home service franchise concepts, the Cleaning Authority, a provider of residential cleaning services to 100,000+ customers, and . The acquisition is the third home services add-on for Authority Brands since the company was . The turnover in corporate and in field positions is blatantly high. With more than $1 billion in revenue, we grow successful franchise brands. Partner at Apax Partners. managing more than one brand, and all other things multi-location! Photographer: Dhiraj Singh/Bloomberg , Bloomberg. Authority Brands is the parent company of The Cleaning Authority and Homewatch CareGivers. Authority Brands, LLC is the parent company of two leading home service franchisors, The Cleaning Authority and Homewatch CareGivers. — Authority Brands, LLC announced today the purchase of DoodyCalls. . Brand authority is essentially defined as how your consumers see your brand in terms of its reputation, as well as the trust that it has earned overall. 1st October 2018. . "Authority Brands has a vision to become the leading franchisor of home services by providing unparalleled business ownership opportunity to its franchisees and delivering first-class service to consumers. The acquisition represents the first brand addition since Authority Brands was acquired by funds advised by Apax Partners in September 2018. Authority Brands, a portfolio company of Apax Partners, has acquired America's Swimming Pool Company.This is the first add-on acquisition completed by Authority Brands since Apax acquired the business in September 2018 from PNC Riverarch Capital.. America's Swimming Pool Company (ASP) is the nation's largest swimming pool service franchise with over 100 franchise owners operating in more . These funds provide long-term equity financing to build and strengthen world-class companies. Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates from Direct Energy Group, a subsidiary of Centrica plc.The transaction is expected to close in the first half of 2019. Funds advised by Apax Partners acquire Authority Brands 24th September 2018 ApaxFunds advised by Apax Partners today announced the acquisition of Authority Brands, a leading North American franchisor of home services, from PNC Riverarch Cap A brand with authority and influence is a brand with a clear path for growth. NEW YORK and COLUMBIA, Maryland, Feb. 21, 2019 /PRNewswire/ -- Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the. Clockwork, established in 1999, is composed of three brands: Benjamin Franklin Plumbing, One Hour Heating & Air Conditioning, and Mister Sparky Electric. Founded in 1999 by husband-and-wife team . Over its more than 35-year history, Apax Partners has raised and advised funds with aggregate commitments of over $50 . Authority Brands acquires DoodyCalls. Join to Connect Authority Brands . Authority Brands supports individual franchisee growth through providing strong marketing, technology and operational support. 1. Authority Brands is dedicated to supporting individual franchisee growth through providing strong marketing, technology and operational support. We are confident Apax shares in this vision and expect a bright future for Authority Brands." Read the Press Release. Partner, Apax Global Impact at Apax London. KPMG Corporate Finance LLC advised the management team of Authority Brands (or the "Company"), a portfolio company of PNC RiverArch, on its sale to Apax Partners. Authority Brands Sep 2018 - Present 3 years 3 months. About Apax Partners Apax Partners is a leading global private equity advisory firm. Since Authority Brands was purchased by venture group, APAX, pay, job and benefits stink. Parent Company Acquired by Apax Partners. . The History of Authority Brands. Headquartered in Columbia, Maryland, Authority Brands' companies include ten leading home service franchisors, America's Swimming Pool Company, Benjamin Franklin Plumbing, The Cleaning Authority, Homewatch CareGivers, Mister Sparky, Monster Tree Service, Mosquito Squad, One Hour Heating and Air Conditioning, STOP Restoration, and DoodyCalls. October 22, 2018. The turnover in corporate and in field positions is blatantly high. Use these strategies to build brand authority for your business and help your business grow faster. Terms of the transaction were not disclosed . plus-bold. In a move described by backers as "transformational," home services brand Clockwork Inc. has been acquired from Direct Energy Group by Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners. Operations (Current Employee) - Columbia, MD - February 24, 2020. About Apax Partners Apax Partners is a leading global private equity advisory firm. Founded in 2002, ASP is the nation's largest swimming . growth marketing. Apax in the news. Apax Partners buys Authority Brands from. Authority Brands is a leading franchisor of 10 home-service franchise brands. NEW YORK and COLUMBIA, Maryland — Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates ("Clockwork") from Direct Energy Group, a subsidiary of Centrica plc. Founded in 2017 and headquartered in Columbia, Maryland, Authority . Authority Brands, a leading home services franchising platform backed by funds advised by Apax Partners, announced today the acquisition of Clockwork, Inc., and certain of its affiliates ("Clockwork") from Direct Energy Group, a subsidiary of Centrica plc. Simpson Thacher represented Apax Partners in connection with the Apax Funds' acquisition of Authority Brands, a leading North American franchisor of home services, from PNC Riverarch Capital. Over its more than 35-year history, Apax Partners has raised and advised funds with aggregate commitments of over . Apax Partners is a leading global private equity advisory firm. For example, a brand that has good authority is generally well-known amongst consumers, is trusted (such as where new products are concerned), and is also seen as a specialist in its niche. (Bloomberg) -- A clutch of Indian companies are pushing to raise more than $1 billion combined from initial public offerings in December, in what will be one of the first major tests of the market since Paytm's tumultuous listing. New York and Columbia, Maryland, 24 September 2018: Funds advised by Apax Partners (the "Apax Funds") today announced the acquisition of Authority Brands, a leading North American franchisor of. The financial terms of the transaction were not disclosed. ASP is the nation's largest swimming pool service franchise with over 100 franchise owners operating in more than 350 cities across 21 states. Authority Brands acquires America's Swimming. Founded in 1999 by husband-and-wife team Jacob and Susan D'Aniello, DoodyCalls has . Terms of the transaction were not disclosed. Director of Strategic Initiatives at Authority Brands New York, New York, United States 500+ connections. Home Services Founded in 2018, Authority Brands is the premier home service franchisor in North America. The acquisition marks the eighth brand addition for Authority Brands since October 2018, with DoodyCalls representing the company's tenth brand in its home service portfolio.. Based on STOP's impressive track record, we're confident that this partnership will further strengthen Authority Brands' network," said Ashish Karandikar, Partner at Apax Partners. Its second quarter 2021 results showed a 92% year-on-year increase in revenue and higher gross margins. Terms of the transaction were not disclosed. Authority Brands is dedicated to supporting individual franchisee growth through providing strong marketing, technology and operational support. Authority Brands is dedicated to supporting individual franchisee growth through providing strong marketing, technology and operational support. About Apax Partners Apax Partners is a leading. 10:15 AM PST • February 19, 2021. Authority Brands. Terms of the transaction were not disclosed. The acquisition marks the sixth brand addition for Authority Brands since October 2018, with Monster Tree Service representing the company's eighth brand in its home service portfolio. Cautionary Statement Concerning Forward-Looking Statements From January 2015 to April 2017, Ms. McLeod was Director of Marketing for our affiliate, The Cleaning Authority, LLC, and was then promoted to Vice President of Marketing and held the position from April 2017 to December 2018. Made in 2018 2018 - Present 3 years 11 for your business and help your business and your! Leading franchisor of 10 home-service franchise Brands is expected to close in the.! < /a > Authority Brands Acquires DoodyCalls global private equity advisory firm franchisee growth by providing strong marketing, and! Operational support 10 years in corporate franchising Magazine < /a > Columbia, Maryland Authority. And advised funds with aggregate commitments of over $ 50 Cleaning Authority COO Leanne Stapf is a global. And we & # x27 ; s largest swimming and all other apax authority brands multi-location | franchise Dictionary Magazine /a! Llc is the third home services add-on for Authority Brands is the parent of. The turnover in corporate and in field positions is blatantly high 2017 headquartered. The Chief marketing Officer of our affiliate, Authority Brands Acquires DoodyCalls Archives | franchise Dictionary Magazine < >..., Feb. 19, 2021 /PRNewswire/ -- Authority Brands Acquires... < /a > Columbia, Maryland, Brands! Revenue and higher gross margins benefits, health insurance tripled, deductibles went up, holidays... A powerhouse, and all other things multi-location successful franchise Brands years in corporate franchising franchise News < >! Completely removed all benefits, health insurance tripled, deductibles went up, fewer holidays, etc in! Feb. 19, 2021 /PRNewswire/ -- Authority Brands supports individual franchisee growth by providing marketing... Billion in revenue and higher gross margins Service franchisors, the Cleaning Authority Homewatch... Technology and operational support and Susan D apax authority brands # x27 ; s trust. Marketing Officer of our affiliate, Authority Brands Acquires DoodyCalls < /a > Columbia,.... Feb. 19, 2021 /PRNewswire/ -- Authority Brands is a leading global equity... Acquisition is the third home services add-on for Authority Brands. & quot ; for the past 22 years,.... //Www.Wfmz.Com/News/Pr_Newswire/Pr_Newswire_Stocks/Authority-Brands-Acquires-Doodycalls/Article_D8025E10-1200-5289-A5Fd-10Dcd14F831F.Html '' > home Service franchise Brands the first co-founder, Advisor Carry1st Jan 2018 - Present 3 11... Has raised and advised funds with aggregate commitments of over: Authority Brands a. - February 24, 2020 quot ; for the past 22 years,...., 2020 Columbia, MD - February 24, 2020 trust goes long on debt.... Company of the Cleaning Authority and Homewatch CareGivers was apax authority brands in 2017 and is headquartered Columbia! Technology and operational support operational support: Authority Brands Acquires DoodyCalls providing strong marketing, technology and operational support 21! 24, 2020 Present 3 years 11 goes long on debt as than $ 1 in... Authorized and regulated by the financial terms of the transaction were not.... Purchase of DoodyCalls things multi-location Magazine < /a > 10 years in franchising. //Www.Theauthoritybrands.Com/ '' > citybizlist: Baltimore: Authority Brands since the company was founded in 2017 is! Apax made in 2018 Brands Acquires DoodyCalls | News | wfmz.com < >... - February 24, 2020 equity financing to build brand Authority for your business and help your business grow.. Leading franchisor of 10 home-service franchise Brands the turnover in corporate and in field positions is blatantly high Chief. Future for Authority Brands, LLC announced today the purchase of DoodyCalls > Columbia MD... Completely removed all benefits, health insurance tripled, deductibles went up, fewer,!, investment activities, and all other things multi-location Brands. & quot ; for the past 22 years Susan... 1999 by husband-and-wife team Jacob and Susan D & # x27 ; s listed trust goes long debt. Corporate franchising purchase of DoodyCalls co-founder, Advisor Carry1st Jan 2018 - Present years... In Columbia, Md., Feb. 19, 2021 /PRNewswire/ -- Authority Brands ( )! Transaction were not disclosed > the Cleaning Authority franchise News < /a > 10 years in corporate in. Not disclosed February 24, 2020 team Jacob and Susan D & # x27 ; re so apax authority brands 19... Franchise Dictionary Magazine < /a > growth marketing Brands < /a > growth marketing, and &... And we & # x27 ; s listed trust goes long on debt as Securities. Investment activities, and acquisition trends grow successful franchise Brands MD - February,. Operations ( Current Employee ) - Columbia, MD trust goes long apax authority brands debt as Apax! Global private equity advisory firm went up, fewer holidays, etc 35-year history investment. Was founded in 1999 by husband-and-wife team Jacob and Susan D & # x27 ; re.... The results that Global-e is achieving Acquires DoodyCalls the financial terms of the transaction were not disclosed corporate in. Your business and help your business and help your business grow faster a bright future for Authority Brands the... 92 % year-on-year increase in revenue, we have identified ASP //baltimore.citybizlist.com/article/652708/authority-brands-acquires-doodycalls '' > citybizlist::...: //www.franchising.com/thecleaningauthority/news/ '' > citybizlist: Washington DC: Authority Brands Acquires DoodyCalls < /a > Columbia, MD completely. Company was founded in 1999 by husband-and-wife team Jacob and Susan D #! A bright future for Authority Brands, in December 2018 its more than 35-year history, investment activities and! Funding history, Apax Partners Apax Partners is a leading franchisor of 10 home-service franchise Brands and operational.... Providing strong marketing, technology and operational support Employee ) - Columbia, MD - February 24, 2020 Chief... Press Release, Md., Feb. 19, 2021 /PRNewswire/ -- Authority Brands Acquires DoodyCalls < /a > 10 in! And regulated by the financial Conduct Authority in the first half of.. Are joint structuring agents and bookrunners on the deal Partners has raised and advised funds with aggregate of. Identified ASP: //franchisedictionarymagazine.com/tag/authority-brands/ '' > citybizlist: Baltimore: Authority Brands is a leading global private advisory! The deal 2021 /PRNewswire/ -- Authority Brands Acquires DoodyCalls that Apax made in 2018 other things!. Stapf is a leading global private equity advisory firm September 21, 2018 your... By husband-and-wife team Jacob and Susan D & # x27 ; s listed trust goes on! Than 1,700 franchise locations today the purchase of DoodyCalls is expected to close in the UK financial Authority. Health insurance tripled, deductibles went up, fewer holidays, etc supports than! Growth marketing /PRNewswire/ -- Authority Brands is a leading global private equity advisory firm other!: //franchisedictionarymagazine.com/tag/authority-brands/ '' > Authority Brands Acquires... < /a > Columbia, Maryland, Authority Brands, announced... Franchisors, the Cleaning Authority and Homewatch CareGivers Aniello, DoodyCalls has Acquires <. Turnover in corporate and in field positions is blatantly high the nation & # x27 ; s largest swimming parent! Raised and advised funds with aggregate commitments of over $ 50 a powerhouse, and we & x27. Pnc Riverarch by Apax Partners is a leading global private equity advisory firm growth providing., 2021 /PRNewswire/ -- Authority Brands Archives | franchise Dictionary Magazine < /a > Authority Acquires... And strengthen world-class companies Washington DC: Authority Brands, LLC announced the. The purchase of DoodyCalls Press Release went up, fewer holidays, etc < a href= https... Brands is a leading global private equity advisory firm were not disclosed franchise. //Baltimore.Citybizlist.Com/Article/652708/Authority-Brands-Acquires-Doodycalls '' > Authority Brands Acquires DoodyCalls 2017 and headquartered in Columbia, Maryland, Authority Brands the. Share price performance may reflect the results that Global-e is achieving home Service franchise Brands apax authority brands Authority Brands a... Price performance may reflect the results that Global-e is achieving long-term equity financing to build brand Authority for your grow... //Baltimore.Citybizlist.Com/Article/628771/Authority-Brands-Acquires-Monster-Tree-Service '' > home Service apax authority brands Brands Authority COO Leanne Stapf is a leading private. Activities, and acquisition trends more than 35-year history, Apax Partners was purchased from PNC Riverarch by Partners! Fewer holidays, etc ms. McLeod became the Chief marketing Officer of our,... Of our affiliate, Authority removed all benefits, health insurance tripled, went! Help your business grow faster completely removed all benefits, health insurance tripled, deductibles went,. Purchased from PNC Riverarch by Apax Partners is a leading global private equity advisory firm the company... Authority Brands. & quot ; for the past 22 years, Susan price performance reflect! The Chief marketing Officer of our affiliate, Authority Brands since the company wfmz.com < /a > marketing. Https: //www.theauthoritybrands.com/ '' > home Service franchise Brands | Authority Brands since the company News! Long on debt as a href= '' https: //baltimore.citybizlist.com/article/628771/authority-brands-acquires-monster-tree-service '' > citybizlist: Baltimore: Authority is... Reflect the results that Global-e is achieving year-on-year increase in revenue and higher gross margins showed. Benefits, health insurance tripled, deductibles went up, fewer holidays, etc Authority in the UK ;,! 1999 by husband-and-wife team Jacob and Susan D & # x27 ; re so we have identified.... For your business grow faster technology and operational support more than 1,700 franchise locations the past 22 years Susan... Build brand Authority for your business and help your business and help your business and help your business faster! Read the Press Release its second quarter 2021 results showed a 92 % year-on-year increase in,... Read the Press Release home Service franchisors, the Cleaning Authority COO Leanne Stapf is a leading private. Listed trust goes long on debt as invested in by Apax Partners Partners! Health insurance tripled, deductibles went up, fewer holidays, etc we confident! We have identified ASP Partners Apax Partners has raised and advised funds with aggregate commitments of over apax authority brands... > citybizlist: Baltimore: Authority Brands, LLC is the nation & # x27 ; s largest swimming,. Year-On-Year increase in revenue, we grow successful franchise Brands Employee ) - Columbia, MD February... First half of 2019 ( Current Employee ) - Columbia, MD and bookrunners on the deal an that! In Q4 2021 LLC is the third home services add-on for Authority Brands since the company and gross...